Rates
The main principles
Since Law No. 2015-990 of 6 August 2015, for economic growth and equity of economic opportunity (the “MACRON” Act), the rates for certain law professionals, including those regulating notarial deeds, have been revised.
The rates are set by the Order of 26 February 2016, and Decree No. 2016-230 of the same day, the whole being amended by the Order of 28 February 2020, and Decree No. 2020-179 of the same day and which enforcement has been deferred until 1st January 2021. These rates are codified in Article R444-3 of the French Commercial Code.
These texts also allowed notaries to offer – under certain limitations and conditions – discounts when they are displayed by type of deeds, identical to all clients and without possible negotiation.
On the share of emoluments attributable to it, our Practice offers these discounts:
Rates for deeds
To view the rate for deeds resulting from the Order of 28 February 2020, click on the following links:
ORDER OF 26 FEBRUARY 2016ORDER OF 28 OCTOBER 2016
ORDER OF 28 FEBRUARY 2020
Our discounts
Rate effective from 17 April 2023
We inform our clients that we practice to date, for the share of emoluments attributable to our Practice, the following discounts*:
Rate effective from 17 April 2023
1.1. Business financing operations involving real property or title over real property for non-residential use
1.1.1. Mortgage intented to finance a business activity (Art. A 444-139 of the French Commercial Code – No. 128 of Table 5 appended to Article R.444-3 of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 to €35.000.000 | 0 % |
| From €35.000.000 to €40.000.000 | 10 % |
| From €40.000.000 to €50.000.000 | 20 % |
| From €50.000.000 to €65.000.000 | 30 % |
| Above €65.000.000 | 40 % (maximum discount allowed) |
1.1.2. Mortgage allocation (Art. A 444-136 of the French Commercial Code – No. 123 of Table 5 appended to Article R.444-3 of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 to €35.000.000 | 0 % |
| From €35.000.000 to €40.000.000 | 10 % |
| From €40.000.000 to €50.000.000 | 20 % |
| From €50.000.000 to €65.000.000 | 30 % |
| Above €65.000.000 | 40 % (maximum discount allowed) |
1.1.3. Discharge (Art. A 444-161 of the French Commercial Code – No. 164 and 166 of Table 5 appended to Article R.444-3 of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 to €20.000.000 | 0 % |
| From €20.000.000 to €30.000.000 | 10 % |
| From €30.000.000 to €35.000.000 | 20 % |
| From €35.000.000 to €40.000.000 | 30 % |
| Above €40.000.000 | 40 % (maximum discount allowed) |
1.1.4. Time extension (Art. A 444-168 of the French Commercial Code – No. 177 of Table 5 appended to Article R.444-3 of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 to €10.000.000 | 0 % |
| Above €10.000.000 | 40 % (maximum discount allowed) |
1.1.5. Demand guarantee/on demand bond (« cautionnement ») (Art. A 444-127 of the French Commercial Code – No. 111 of Table 5 appended to Article R.444-3 of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 to €30.000.000 | 0 % |
| From €30.000000 to €50.000.000 | 20 % |
| Above €50.000.000 | 40 % (maximum discount allowed) |
1.1.6. Pledge (« nantissement ») (Art. A 444-148 of the French Commercial Code – No. 146 of Table 5 appended to Article R.444-3 of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 to €30.000.000 | 0 % |
| From €30.000.000 to €50.000.000 | 20 % |
| Above €50.000.000 | 40 % (maximum discount allowed) |
1.1.7. Disposal of debts (Art. A 444-91 of the French Commercial Code – No. 54 of Table 5 appended to Article R.444-3 of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 € to €10.000.000 | 0 % |
| Above €10.000.000 | 40 % (maximum discount allowed) |
1.1.8. Priority agreement/deed of priority/intercreditor deed (Art. A 444-126 of the French Commercial Code – No. 109 of Table 5 appended to Article R.444-3 of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 to €30.000.000 | 0 % |
| Above €30.000.000 | 40 % (maximum discount allowed) |
1.2. Other business financing operations involving real property or title over real property for residential use
1.2.1. Mortgage (Art. A 444-139 of the French Commercial Code – No. 128 of Table 5 appended to Article R.444-3 of the French Commercial Code and Art. A 444-174, 2°, of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 to €30.000.000 | 0 % |
| Above €30.000.000 | 10 % |
1.2.2. Mortgage Allocation (Art. A 444-136 of the French Commercial Code – No. 123 of Table 5 appended to Article R.444-3 of the French Commercial Code)
| Portion of Base in € | Rate of Discount % (for the relevant portion) |
| From €0 to €30.000.000 | 0 % |
| Above €30.000.000 | 10 % |
* These discounts are determined regardless of any regulatory social and professional contributions to which these emoluments may be subject.